Why are the prices of pharmaceutical products rising every day these days?
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Why are the prices of pharmaceutical products rising every day these days?
Energy, materials, and labor costs have risen significantly recently. The main reason is the increased emphasis on environmental protection; many companies, especially small and medium-sized enterprises, have reduced or halted production, which has led to a shortage of certain products and thus higher prices.
Stringent environmental regulations lead to the closure of small businesses, while large companies invest in environmental protection equipment, resulting in rising costs
I’m not sure if it’s the same reason as with steel. With stricter environmental regulations, small steel mills closed down, which led to a rapid increase in steel prices
Uncontrolled price increases ultimately harm society and oneself.